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How to Buy XRP with PayPal [2024] | Step-by-Step

How to Buy XRP with PayPal
Nemanja Curcic

Summary: Although buying cryptocurrency directly through PayPal’s platform is possible, the selection of available crypto coins is minimal and does not include XRP. However, you can buy XRP with your PayPal account via a licensed and regulated multi-asset investing platform such as eToro by transferring funds and executing the purchase of your preferred cryptocurrency.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10.

  • Copy top-performing traders in real time, automatically.

  • Regulated by financial authorities including FCA and FINRA.

2.8 Million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Can you buy XRP with PayPal?

Currently, PayPal supports only these four tokens that you can buy straight through their platform. These are Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC). In August 2023 it added the fifth token to its offer: PayPal USD (PYUSD).

If you are looking for XRP, you will not find it on PayPal. Even if you could buy XRP with PayPal, that would not mean you should. Due to the fees involved (up to 1.8% + additional spread fees), purchasing crypto directly via PayPal is not the most efficient approach.

The best method of buying XRP is to use a third-party service that will allow you to spend PayPal’s fiat currency at much more beneficial rates.

How to buy XRP with PayPal?

The best way to buy XRP with PayPal is by using eToro, a leading licensed broker on the market.

With a choice of over 70 different digital currencies and assets, many features such as copy trading (a sought-after method of copying some of the most successful crypto traders), hodling, staking, and a wide array of tools and charts for detailed strategy and approach analysis, eToro is the platform of choice when buying crypto coins.

Buy XRP with PayPal and other crypto using eToro.
eToro investing platform. Source: eToro.com

To begin the process of buying XRP with Paypal, connect your PayPal account to eToro and make sure you have enough funds for the purchase, either on PayPal or on a credit/debit card linked with the platform.

How to buy XRP with PayPal: Step-by-Step

Follow these four simple steps to buy XRP with PayPal right away:

  • Step 1: Create an account on eToro and complete your verification (personal or company);
  • Step 2: Specify the amount of currency you want to deposit on the eToro platform;
  • Step 3: Connect your PayPal to deposit the fiat currency of choice;
  • Step 4: Finally, find XRP on the list of cryptocurrencies provided and commit the transaction.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10.

  • Copy top-performing traders in real time, automatically.

  • Regulated by financial authorities including FCA and FINRA.

2.8 Million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

XRP price today

Since it launched in 2012, XRP price rose to an all-time high of $3.84 in January 2018 before dropping below $0.20 in late 2018. After that, its price remained between $0.20 and $0.40 and surged to a high of $1.96 per XRP in late 2020. However, the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple Labs caused a considerable decline in XRP’s price, which has since remained relatively low.

However, the currency went through the lawsuit as a victor and Ripple just about closed the case. As expected, this brought renewed confidence to cryptocurrency investors and all those who bought XRP.

About PayPal

PayPal supports over 25 currencies and can be downloaded and used for sending and receiving money online from almost every country.

Buy XRP with PayPal: PayPal homepage screenshot.
PayPal homepage screenshot. Source: PayPal.com

As mentioned earlier, PayPal displays an incentive to support crypto technologies. Needless to say, that is an uncommon occurrence in the world of primarily fiat payment platforms.

In the last few years, PayPal has made it clear that they believe digital currencies will become an integral component of future finances. In fact, it has released its own cryptocurrency – PayPal USD (PYUSD) – in August 2023.

This alone makes PayPal a desirable part of the process of buying crypto, such as XRP.

PayPal crypto policy

As we said before, PayPal has expressed a positive attitude toward cryptocurrency. This support extended beyond just words when PayPal decided to include five crypto tokens into its platform. In fact, none of the policies and statements stated in terms of agreement restrict users from engaging in cryptocurrency trading or prevent investing in any particular token.

In short, the company has nothing against using PayPal to buy XRP and other crypto coins.

How to buy crypto safely

In global finances, blockchain, cryptocurrencies, and other associated digital assets are a comparatively new addition, with many benefits and advantages over traditional stock exchange items and fiat currencies.

Despite bringing much good, the domain of cryptocurrency is still prone to some of the bad that comes with every ground-breaking invention in the global market. The limited amount of time in which huge advancements were made, together with the fact that crypto is a field of finance that just about anyone can enter, resulted in a somewhat unstable market.

While using and established platform like PayPal to buy XRP and other crypto helps, it is not a guarantee. Prices can wildly fluctuate, market trends can quickly reverse, and on top of all that, a significant number of scammers lie in ambush for experienced crypto traders and beginners alike. 

Despite all that, there are measures you can take to preserve your safety. To remain out of harm’s way, adhere to the advice present here.

Tips on how to buy XRP with PayPal safely

  • Get knowledgeable about the cryptocurrency you want to buy. Ensure that you are familiar with how crypto works and what the potential hazards of crypto trading are;
  • Access the market via safe devices only. Steer clear of shared devices and Wi-Fi networks. If possible, use a VPN as an extra layer of security;
  • Opt for a reputable exchange. Check that the platform of your choice has transparent policies and tough security measures. Also, confirm that it is approved by regulatory bodies in your place of residence. Feel free to look for user reviews and discover other users’ experiences with the service. 
  • Make sure to keep your account safe. Rely on two-factor authentication (2FA) and change your password if it’s weak to keep your account safe from unsolicited logins;
  • Get a wallet. A crypto wallet is not obligatory when you decide to buy XRP with PayPal, but it keeps your funds virtually impenetrable to outside hackers. See our guide on crypto wallets for more info;
  • Speculate with what you can afford to lose only. The digital assets market has values prone to immediate and total changes. Investments into crypto are riskier than what traditional stocks have in store. Remain thrifty and careful with your investments, double so if you still have little experience. Never do this;
  • Carefully watch your investments. Frequently check the market circumstances for any changes in the value of the tokens you have invested in.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

FAQs about how to buy XRP with PayPal

What is the best way to buy XRP?

One of the most straightforward and efficient ways to buy XRP is by using PayPal with an online brokerage. Virtually every established crypto exchange accepts deposits from PayPal, which simplifies the trading process.

Can I use PayPal to buy XRP?

Users can buy XRP with PayPal by connecting their fiat currency deposit with a regulated and trusted third-party cryptocurrency exchange platform.

Is buying XRP with PayPal safe?

You can never be too safe when trading in crypto. Buying XRP with PayPal is safe, provided that you closely follow the “how to buy crypto safely” steps explained in this guide.

Where can I buy XRP with PayPal?

Users can buy XRP with PayPal from any crypto exchange platform that supports PayPal. While these are many, make sure to stick to licensed, regulated, and trusted exchanges only.

Can I buy cryptocurrency through PayPal?


Yes, PayPal offers the option to buy, transfer and sell five cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and PayPal USD.

How do I buy XRP directly from PayPal?

PayPal allows you to trade five cryptocurrencies directly: Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and PayPal USD. Unfortunately, you cannot buy XRP with PayPal directly.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10.

  • Copy top-performing traders in real time, automatically.

  • Regulated by financial authorities including FCA and FINRA.

2.8 Million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

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